SABLE EXPLORATION AND MINING LIMITED - Trading statement

Trading statement

Sable Exploration and Mining Limited
(previously known as Middle East Diamond Resources Limited)
 (Incorporated in the Republic of South Africa)
(Registration number: 2001/006539/06)
(Share Code: SXM ISIN Code: ZAE000303319)
(“SEAM” or “the company”)

TRADING STATEMENT

In terms of paragraph 3.4 (b) of the JSE Limited (“JSE”) Listings Requirements, companies are
required to publish a trading statement as soon as a reasonable degree of certainty exists that
the financial results for the period to be reported on will differ by at least 20% from the previous
corresponding period.

A review by management of the financial results for the year ended 28 February 2022 has
indicated, with a reasonable degree of certainty, that loss per share (“LPS”) and headline loss per
share (“HLPS”) of SEAM is expected to be between 127 cents and 155 cents compared to that of
the previous corresponding year which reported LPS and HLPS of 76.21 cents per share for the
year ended 28 February 2021. This equates to a decrease in LPS and HLPS of between 103%
and 67% when compared to the previous reporting year.

The financial information on which this trading statement is based has not been reviewed or
reported on by SEAM’s auditors. The Company’s financial results for the year ended 28 February
2022 are expected to be released within the next week.



29 June 2022
Sandton

Sponsor
Exchange Sponsors

Date: 29-06-2022 12:35:00
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